Olympus United Group

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Norshield Asset Management (Canada) Ltd. et al: Chapter 15 Petition (Canada)

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Canada by Eric Rodier, of RSM Richter Inc., as the Foreign Representative of Norshield Asset Management (Canada) Ltd., Norshield Investment Partners Holdings Ltd., Olympus United Fund Holdings Corporation, Olympus United Funds Corporation, Olympus United Bank and Trust SCC, Olympus United Group Inc., Norshield Capital Management Corporation, and Honeybee Software Technologies Inc., filed at the U.S. Bankruptcy Court for the District of Minnesota.

Insider Talking: October 4, 2005

A Florida based stock promoter with a checkered past has been served with a subpoena on behalf of the liquidators of collapsed Cayman Islands based stock broker SEGOES Services Ltd. Howard Gostfrand, of Miami Beach, and his Florida incorporated stock